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State Treasurer Lynn Fitch Responds to President’s Failed Proposal

Posted On:
1/28/2015

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​Today,
Mississippi State Treasurer Lynn Fitch responded to President Obama’s failed
attempt to roll back tax-free earnings for 529 college savings plans that were
enacted in 2001 for new contributions.

“This was
simply bad policy and I’m relieved the President heard the voices coming from
both sides of the aisle in opposition,” Treasurer Fitch said. “Taxing the
middle class and taking away incentives for families to save for college is not
the answer to our problems, and I’m happy to know this proposal has been
dropped.”